Allianz (OTCMKTS:ALIZY) Reaches New 52-Week High at $32.58

Shares of Allianz SE (OTCMKTS:ALIZY) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $32.58 and last traded at $32.52, with a volume of 59268 shares trading hands. The stock had previously closed at $32.01.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group raised shares of Allianz to a “strong-buy” rating in a report on Wednesday.

Allianz Stock Up 0.2 %

The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.07. The business’s 50-day moving average is $29.64 and its 200-day moving average is $28.89. The company has a market capitalization of $127.58 billion, a price-to-earnings ratio of 13.40, a P/E/G ratio of 1.15 and a beta of 1.12.

Allianz (OTCMKTS:ALIZY) last issued its quarterly earnings results on Thursday, August 8th. The company reported $0.66 EPS for the quarter, beating the consensus estimate of $0.64 by $0.02. The company had revenue of $27.38 billion during the quarter. Allianz had a net margin of 5.48% and a return on equity of 15.52%. As a group, equities analysts predict that Allianz SE will post 2.73 earnings per share for the current year.

About Allianz

Allianz SE, together with its subsidiaries, provides property-casualty insurance, life/health insurance, and asset management products and services worldwide. The company's Property-Casualty segment offers various insurance products, including motor liability and own damage, accident, general liability, fire and property, legal expense, credit, and travel to private and corporate customers.